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Company Profile

Jefferies Group, Inc., together with its subsidiaries, operates as a securities and investment banking company in the Americas, Europe, and Asia. It operates in two segments, Capital Markets and Asset Management. The Capital Markets segment engages in equities research, sales, and trading business across the markets in equity and equity-related products, including common stock, American depository receipts, global depository receipts, exchange-traded funds, exchange-traded equity options, convertible products, and closed-end funds; providing financing, securities lending, and other prime brokerage services; and equity research and wealth management services to institutional investors, corporations, and government entities. It is also involved in the sale and trading of investment grade and high yield corporate bonds, U.S. and European government and agency securities, municipal bonds, repo finance, mortgage- and asset-backed securities, whole loans, leveraged loans, distressed securities, and emerging markets debt; and provision of brokerage and clearing services in listed derivatives on futures and options exchanges, exchange-traded futures, options and commodities, and over-the-counter products. This segment also provides investment banking services comprising direct placements, private equity, private placements, initial public offerings, and follow-on offerings of equity and equity-linked convertible securities; debt financing for companies, governmental entities, and financial sponsors; and mergers and acquisitions, recapitalization and restructuring, and other financial advisory services. The Asset Management segment offers investment management services to private investment funds, separate accounts, and mutual funds. Its primary asset management programs include commodity asset management strategies, strategic investment programs, and convertible bond strategies. The company was founded in 1962 and is headquartered in New York, New York.